Brady Martz Wealth Solutions LLC Sells 3,564 Shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM)

Brady Martz Wealth Solutions LLC cut its stake in shares of Avantis Emerging Markets Equity ETF (NYSEARCA:AVEM) by 16.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,815 shares of the company’s stock after selling 3,564 shares during the quarter. Brady Martz Wealth Solutions LLC’s holdings in Avantis Emerging Markets Equity ETF were worth $1,072,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Natixis Advisors LLC increased its position in Avantis Emerging Markets Equity ETF by 39.8% in the 4th quarter. Natixis Advisors LLC now owns 26,338 shares of the company’s stock valued at $1,548,000 after acquiring an additional 7,492 shares during the period. Raymond James Financial Inc. acquired a new position in Avantis Emerging Markets Equity ETF in the 4th quarter valued at approximately $16,021,000. Truist Financial Corp increased its position in Avantis Emerging Markets Equity ETF by 4.1% in the 4th quarter. Truist Financial Corp now owns 5,725 shares of the company’s stock valued at $337,000 after acquiring an additional 224 shares during the period. Signaturefd LLC acquired a new position in Avantis Emerging Markets Equity ETF in the 4th quarter valued at approximately $66,000. Finally, Transamerica Financial Advisors Inc. increased its position in Avantis Emerging Markets Equity ETF by 2.3% in the 4th quarter. Transamerica Financial Advisors Inc. now owns 50,024 shares of the company’s stock valued at $2,941,000 after acquiring an additional 1,103 shares during the period.

Avantis Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA AVEM opened at $67.02 on Thursday. Avantis Emerging Markets Equity ETF has a 52-week low of $52.52 and a 52-week high of $68.38. The firm has a 50 day moving average price of $63.05 and a two-hundred day moving average price of $60.98. The stock has a market cap of $10.21 billion, a P/E ratio of 12.64 and a beta of 0.66.

Avantis Emerging Markets Equity ETF Company Profile

The Avantis Emerging Markets Equity ETF (AVEM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that holds emerging-market stocks of all market capitalizations considered favorable on multiple factors. The fund seeks to provide capital appreciation.